SJ Capital group

This is a discussion on SJ Capital group within the First Steps forums, part of the New Traders category; Originally Posted by anley Who would have thought of it! I made post a few days back laughing at the ...

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Old Jul 12, 2012, 9:42am   #49
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Originally Posted by anley View Post
Who would have thought of it!

I made post a few days back laughing at the claims of SJ Capital re their Greenhithe, Kent site.

According to their website timetable, planning permission should already have been granted and the land sold within the next month.

Now guess what, that timetable has been removed!

Draw your own conclusions.......
Unfortunately some people simply will not heed the warnings....then they'll post on here crying about their loss.

Peter
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Old Jul 12, 2012, 10:33am   #50
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Can you contact them and ask how its going?
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Old Jul 15, 2012, 5:14am   #51
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If anyone does call them I'm sure they'll be somewhat pacified with some smoothing talk. The problems of course won't be anything to do with the company, rather they will ALL be to do with the council and bureaucracy. And if you think about it, that means the excuses can go on forever.........

If I was an investor I woulnd't be happy right now because the Kent site would have been sold to me on the basis of that timetable, the one that said that planning permission would have been granted about now and the site sold within the next 2-3 months.

That timetable has now of course been removed, but then the company has everyone's money - can you see the real problem that investors have here?
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Old Jul 17, 2012, 2:49pm   #52
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Quote:
Originally Posted by anley View Post
All looks very quiet on the SJ Capital front. I wonder if any of the investors have been able to sell their plot at a 'great' profit yet?

How about the Greehithe site in Kent?

According to the site planning permission is supposed to be granted within the next month leading to the sale of the land within 3 months.

Keep a close eye on the website especially the timelines they give. Then, unless you're an investor, sit back and watch the timelines stretch longer and longer into the future...............

If you are an investor and call them for an update be aware that as you're already a 'valued client' it's odds on the company will have a 'special deal' for you in the form of another plot of land. But don't dilly-dally because that deal won't be offered to just anyone and it's selling out fast



I wonder whether there have ever been any success stories where an investor ever got his money back from th company? Have you guys heard of any?
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Old Jul 19, 2012, 6:39am   #53
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All the planning updates on the SJ Capital site are coming up to being 6 months old.

Surely they must be updated soon as a company has a duty to keep its investors informed of developments especially if the investors have paid lots of money to the firm.

Anyone want to bet on what the update to the Greenhithe, Kent site says?

Do you think investors will be happy about the update or do you think they'll be slightly upset?

Time will no doubt tell.......
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Old Jul 25, 2012, 6:57am   #54
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Good move by Sky News here, love the way the conman tries to slip away when they put the camera on him. Looks like the Police have got involved as well, freezing assets and making arrests.

Brits Losing Millions To Land-Bank Fraud

Firms suspected of land banking have assets frozen by FSA
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Old Sep 27, 2012, 9:27am   #55
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just received contact from this company, see below their email to me. I am not interested in them, seems and sounds legit, but reality is it aint going to happen. No warm fuzzy feeling from them EVER



Trust that you are well.

As per our conversation regarding our strategic land investment opportunity in the United Kingdom. This email serves as an introduction to SJ Capital and what we offer you as the investor. The attached document is just a broader overview of how the investment is structured please note that the values of sites do vary.

We invest in strategic UK land, alongside major funds and super brand corporations and WE MAKE IT AFFORDABLE.

We sub-divide land earmarked for rezoning and development and on-sell to our clients as short to medium term investment.
Thus the rezoning adds value to the land and we capitalise on the value increase.

When you invest you get an excellent offshore investment vehicle, hedging value and security in a safe asset class the form of a registered title deed.

This is what makes us different:
1. At our cost we drive rezoning applications and admin.
2. At our own cost we market the land and on-sell at the best price to a developer upon rezoning/township planning.
3. SJ Capital retains 25% of the land for self-investment – thus we have a vested interest in the best returns in the shortest time frame.

The returns are attractive over the medium term.
All returns are paid in Pounds Sterling and are represented by current market related value for similar real estate and our activities in Europe and South Africa
are administrated by Deloitte.

We have entry level investment opportunities from as little as £ 11, 000 ( Rands 130,000 approx).

Have a look at our website SJ Capital Group - Strategic Land Investment

Let me know if you need any additional information at this stage, otherwise I will follow up next week some time.

Looking forward to your response.



Kind Regards,


SJ Capital Group
Ground Floor, South Wing
2 Cranbrook Crescent,
Douglas Saunders Drive,
La Lucia Ridge
South Africa, 4019

Mobile:
Fax2email: +27 (0)86 215 7026
Telephone: +27 (0)31 566 5552
Fax: +27 (0)31 566 5221

SJ Capital Group - Strategic Land Investment

Last edited by tar; Apr 4, 2013 at 10:21am. Reason: mobile
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Old Apr 18, 2013, 5:37am   #56
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Any news on whether any investors have been paid out on SJ Capital?

Seems they've put in for planning on the Greenhithe site. The trouble as I see it is that's it's for only 40 houses. Let's look at some simple maths shall we.

40 houses, which means at least 20% have to be 'affordable', ie the land is basically worth a far smaller percentage of a non-affordable house by as much as 75%.

SJ Capital also has a stake in the land, let's assume that's 20% or 8 plots.

So 8 plots affordable and 8 plots for SJ Capital.

That only leaves 24 potentially profitable plots.

The question I'd be asking if I was an investor would be just how many 'plots' were orginally sold on the land?

Was it more than 24? If so I can see only complications, big complications actually. See point 4 for perhaps a clue as to the size and in turn amount of plots sold - http://www.businessopportunitywatch....mith.htm#brian

Of course, if the land doesn't get planning then the company still has your money...

Any comments from anyone on this? Remember, the land was supposed to be sold back in september 2012 acroding the timetable on their website (now removed). I'm assuming as well the September 2012 date was mentioned as part of the sales script to the original investors....

PS. Another thing to consider for an investor is what did you actually buy? Was it a marked out plot, say the once at the top right North East Corner, or was it a general plot on the land. If it was the former what happens if that part of the land is deemed for grass or road, does that make your investment worthless? Like I said, it all seems to be getting very complicated....

Last edited by BobbyBB; Apr 18, 2013 at 6:08am.
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